Micro News

Euro-just, the EU’s judicial cooperation unit launched an international operation that involved the searching of over10 homes and businesses in Cyprus, Spain and the Netherlands that discovered undeclared assets worth more than EUR €1 million. Authorities seized bank accounts, real estate, cars, watches,…


Singapore has hosted The Formula One races since 2008, this was seen as a great move for the city-state, which was a tremendous success at the time; gaining international coverage and interest. However recently, Formula One has been attracting a declining level of interest in Singapore. 2016’s race…


The Office for National Statistics (ONS) for the UK released that between April and June this year, almost 1 million people were on zero hour contracts that do not guarantee any work or stability from one month to the next. A government investigation looking at UK employment practices said too many companies…


More bad news for the Trump administration as the US existing account deficit for 2017 has been announced, has risen to USD $123B in the highest it’s been since 2008. Experts have attributed the rising debt levels to a USD $5B defaulting on the payment of fines for penalties. The Commerce Department…


Speaking after a meeting at the Presidential Palace, Governor of the Central Bank of Cyprus announced that they are looking at making fundamental changes to the way the islands non-performing loans are handled and managed. In a statement, the Central Bank said this referred to the targets that had been…


Singapore as a relatively new nation has gone from strength to strength, from the exponentially growing economy to the becoming a leading innovator in the technology sector; however the start-up ecosystem is far from perfect, industry officials have commented. Grace Sai, Co-founder of Impact Hub Singapore…


The Cyprus Ministry of Finance is following the EUs example and is currently drafting a law rendering any cash transactions completed over €10,000 to be a criminal act, with fines imposed amounting to 10% of the total transactions value. Essentially, going forward any purchases of goods & services exceeding…



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